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GST reforms to boost India Inc’s Q3 performance: Icra
Business Standard
|November 26, 2025
India Inc could sustain healthy year-on-year (Yo-Y) revenue growth of 8-10 per cent in the October-December quarter of 2025-2026 (Q3FY26) — visa-vis 9.2 per cent Y-0-Y in Q2FY26 — led by firm rural demand and expectations of a revival in urban demand, rating agency Icra said on Tuesday.
Coupled with the softening input costs like crude oil and coal, the rating agency projects an improvement in the operating profit margin (OPM) by 50-100 bps on a Yo-Y basis.
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